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Novak Corporation reported the following for 2020: net sales $1,208,000, cost of goods sold $731,100, selling and administrative expenses $336,800, and an unrealized holding
Novak Corporation reported the following for 2020: net sales $1,208,000, cost of goods sold $731,100, selling and administrative expenses $336,800, and an unrealized holding gain on available-for-sale debt securities $24,300. (a) Prepare a statement of comprehensive income using the one statement format. (Ignore income taxes and earnings per share.) NOVAK CORPORATION Statement of Comprehensive Income $ $
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